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An open rectangular box having a volume of is to be constructed from a tin sheet.Find the dimensions of such a box if the amount of material used in its construction is to be minimal.
Hint: Let the dimensions of the box be x by y by z.Then, xyz = 108 and the amount of material used is given by S = xy + 2yz + 2xz.Show that Minimize f(x, y)
x = __________
y = __________
z = __________
Future Values
The projected amount of money or value of an investment at a specified future date, accounting for factors like interest rates and returns.
Investment 1
The strategy of apportioning capital with the expectation of generating financial returns.
Compounded Quarterly
Describes the frequency with which interest is added to the principal balance of a loan or deposit four times a year, increasing the total amount of interest earned or paid.
Maturity Value
The amount payable to the investor at the end of a fixed-term investment, including both the principal and the interest.
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